PYMNTS

SEPTEMBER 22, 2017

PYMNTS: How would you define your company’s approach to innovation? SS: Our approach to innovation is two-pronged. The third tier of technical innovation involves people — not just APIs. The second and overlooked area of innovation is in the area of user experience. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

SEPTEMBER 5, 2019

Seventeen percent of call centers are looking to replace knowledge-based authentication (KBA) with multi-factor authentication (MFA) to better protect customers from scheming fraudsters, and though that may not seem like a high percentage, it is double the number of centers that were looking at such methods in 2018.

social media 116

social media Fraud Tools Knowledge Base 116

PYMNTS

JUNE 11, 2020

Digital Innovation, Legal implementation. Technological innovation is only one step in the broader movement toward greater digital AML/KYC adoption, however. million to expand its facial recognition and ID documentation verification services internationally.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

OCTOBER 4, 2019

Financial management app Nav helps small businesses access credit reports, leverages knowledge-based authentication (KBA) to verify its users — but is not without its share of challenges. ClassPass CEO: How Digital Platforms Have Innovated Health, Fitness. Does KBA Have A Place In Online SMB Credit Checks?

New York 122

New York Industry Knowledge Base Payments 122

Accenture

MARCH 23, 2017

Now—given that background, employees in these areas often have a deeper knowledge base and clearer career track in industry (and salary expectations) than perhaps people who have founded traditional Fintechs. There’s a risk that fewer start-ups will enter the market; so we think the area would benefit from a degree of nurturing.

Regulation 150

Regulation Industry Trends Compliance 150

Accenture

MARCH 23, 2017

Now—given that background, employees in these areas often have a deeper knowledge base and clearer career track in industry (and salary expectations) than perhaps people who have founded traditional Fintechs. There’s a risk that fewer start-ups will enter the market; so we think the area would benefit from a degree of nurturing.

Regulation 150

Regulation Industry Trends Compliance 150

PYMNTS

SEPTEMBER 19, 2019

Machine learning (ML) and artificial intelligence (AI) have been used by banks for fraud protection for several years, but these technologies are just starting to take on main roles: They are now displacing traditional knowledge-based authentication (KBA) methods like PINs and passwords.

Fraud 144

Fraud Data Mobile Tools 144

PYMNTS

DECEMBER 18, 2017

It’s another layer of our amazing stories we have about product development and sustainability … I think for us it really helped to depend that knowledge base for our guests.”. VR for IKEA is mostly still a marketing effort, though other brands are leveraging it more directly as a commerce tool.

Dallas 138

Dallas Knowledge Base US Tools 138

PYMNTS

APRIL 4, 2019

And those relationships, she noted, are an excellent starting ground for succeeding with innovations “where other technology platform have recently failed.”. It might mean incorporating innovative payment experiences like Zelle directly into their mobile offerings.

Mobile 169

Mobile Study Security social media 169

Abrigo

MAY 8, 2024

The technology is a bot that helps with dispute acknowledgment, case opening, resolution, and closure by invoking policies, procedures, history, and knowledge bases. Fraud dispute resolution is often a huge expense for banks and credit unions and one that causes a lot of client frustration, Tech Target notes in a recent report.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

SEPTEMBER 12, 2019

In this month’s Feature Story, Rodgers discusses why SCA is a necessary step forward for online authentication and payment innovation, despi te its challenges. To learn more about how merchants are responding to SCA, visit the Tracker’s Feature Story. Deep Dive: Biometric Authentication in a Post-SCA World.

Regulation 126

Regulation Google Compliance Knowledge Base 126

PYMNTS

JULY 31, 2020

This helps explain why companies like Uber have spearheaded innovations in rapid compensation, allowing drivers to request instant payouts. Demand for flexible, reliable and prompt payment extends to knowledge-based professions as well.

Technology 142

Technology Security Knowledge Base Meeting 142

PYMNTS

JULY 28, 2020

Banks are incorporating harder-to-steal details in their verification processes as well, looking beyond knowledge-based information and gathering details about customers’ online behaviors. The program was announced last year and launched as a pilot in June, but it is slated to be offered to more participants later this year.

Fraud 132

Fraud Data Examples Security 132

PYMNTS

JANUARY 19, 2017

Another week, another tech center making headlines for pushing the envelope on tech innovation. Microsoft is excited to engage with faculties, students and the broader tech community in Montreal, which is becoming a global hub for AI research and innovation,” Brad Smith, president of Microsoft, said in a statement. The New Puerto Rico.

Puerto Rico 100

Puerto Rico Indianapolis Indiana San Francisco 100

PYMNTS

MAY 14, 2018

Another area that may be more than ripe for innovation is security. A separate report found that while 92 percent of surveyed call centers employ knowledge-based authentication methods, only 10 percent said they felt “very confident” that these methods could accurately verify callers’ identities.

Trends 100

Trends Knowledge Base Survey Security 100

PYMNTS

APRIL 22, 2020

Using biometrics in place of old-school knowledge-based authentication (KBA) procedures and passwords can also help improve the overall onboarding experience. FIs have been interested in biometrics ever since fingerprint-based login became a common functionality on smartphones and other devices. Biometrics and Onboarding.

Security 133

Security Data Fraud Tools 133

South State Correspondent

OCTOBER 26, 2023

Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data. While the risks were well represented, the noticeably missing piece in the M2020 conversation was the effort needed to get gen AI agents accurate. Maybe a topic for next year?

Conference 221

Conference Las Vegas Fraud Case Study 221

William Mills

APRIL 20, 2017

This discussion focused on the intersection of the digital and physical worlds and innovation. Tony Garritano from Progress in Lending held an Innovations Awards event at the London House which showcased seven companies in the mortgage industry that are leading the way in compliance, eClosings, appraisals and information management.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

BankBazaar

JUNE 10, 2020

The streaming service offers the latest and popular TV shows, movies and knowledge-based content from India and the world. Bigbasket (Innovative Retail Concepts Private Limited) is India’s largest online food and grocery store. Additionally, users can manually select the quality of video that suits their taste.

Video 97

Video Mobile Regional Knowledge Base 97

NCR

DECEMBER 15, 2017

As exciting and beneficial as these innovations might be, it’s the job of the FI to think about the potential flaws and weak points in biometric systems that could be exploited by fraudsters. These might involve the use of one-time passcodes or knowledge-based authentication. What are the risks?

Fraud 96

Fraud Security Knowledge Base Analysis 96

NCR

DECEMBER 20, 2017

Among those organizations that use two-factor authentication, the most common secondary checks are knowledge-based – such as static questions – as opposed to possession-based systems such as security keys or on-device biometrics. ” So what is the future of authentication?

Security 77

Security Knowledge Base blockchain Analysis 77

PYMNTS

DECEMBER 26, 2016

As a result, authentication and identity verification practices that rely on data only, such as passwords and knowledge-based authentication questions, have been scrutinized and are largely seen as no longer sufficient.

Mobile 109

Mobile Payments eBook User Experience 109

Gonzobanker

MAY 7, 2018

Most banks have horrible business, mortgage servicing and wealth management self-service capabilities, and the amount of online lending and deposit account opening is sad compared to more innovative players like USAA and Capital One 360. We are entering an era where revenue growth will be more difficult as loan growth slows.

Leadership 84

Leadership Operations Lending Strategy 84

PYMNTS

APRIL 14, 2016

CFOs here have some of the most “aggressive” approaches to corporate spend and investment, and while regulatory pressures are complex, businesses in this nation report a strong commitment to innovation and growth, researchers wrote. North America. There are some disconnects in the region, however.

Regional 100

Regional Survey Report Marketing 100

PYMNTS

APRIL 11, 2017

The reason Yahoo was targeted, said Geiman, was because bad guys wanted to get the answer to knowledge-based questions. There are lots of credentials floating around the dark web, and “there were over four billion identities breached in 2016,” noted the executive.

Data 101

Data social media Fraud Online 101

PYMNTS

NOVEMBER 1, 2017

Sass says weak security challenges like passwords and knowledge-based questions (i.e. The innovation that 3DS 1.0 Take passwords, for instance. What is your maternal grandfather’s first name?”) will be among the first casualties of the new protocol. In some cases, issuers are already being forced to abandon them. Data Trove.

Security 109

Security Payments CA Data 109

FICO

OCTOBER 26, 2021

On the other side, you have FinTechs – they are much smaller and less regulated, but they have the digital savvy to steal customers and they’re taking advantage of market gaps in innovative ways. Don’t shy away from competing while staying true to your core values. Credit unions need as much insight into their members as possible.

Analytics 52

Analytics Community Branding Data 52

CB Insights

MARCH 6, 2019

Company Description : This Chengdu-based startup provides a social platform for physicians, allowing them to exchange information and consult with one another to broaden their knowledge bases. Select Investors : Tencent Holdings, Yunfeng Capital, Sequoia Capital China. Valuation : $1B. Total Funding : $62M. Valuation : $1B.

Company 72

Company Capital Groups Big Data 72

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Then confirm identity with knowledge based authentication.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

DECEMBER 5, 2016

The platform is designed to allow companies to “innovate as you authenticate your customers” as well as add the latest authentication technologies available. IdentityX also leverages device binding, geolocation, and liveness detection to provide a thoroughly multi-factor solution. Finovate: Who are your primary customers?

Security 12

Security Mobile Technology Virginia 12

PYMNTS

SEPTEMBER 19, 2016

Alexa is using the power of software and AI to establish a social relationship of another kind — with her — which the consumer then feels comfortable extending into commerce across operating systems and even connected devices leveraging the skills that developers contribute to her knowledge base. Whither Bots?

Payments 100

Payments Mobile Apple Google 100

CB Insights

MAY 10, 2018

State of Innovation Report. You don’t need to work with a Bain or a BCG to talk to someone with in-depth knowledge about supply chain management. It was a genuinely innovative insight into allocating capital, dressed up as a 2×2. Many are still in wide usage today.

Strategy 78

Strategy Management Analytics Tools 78